About your Search

20100901
20100930
Search Results 0 to 11 of about 12 (some duplicates have been removed)
to prop up small businesses and the middle class nbc's tracie potts jones us for more. >> increasingly, docrats disagree with him over taxes and republans are digging in, not good sign for a compromise seven weeks before an election. w do win a tax fight and an election? first, solidify the base. >> don't forget who is standing with you and who is standing against you. >> then put pressure on your opponent. >> we simply don't have time any more to play games. >> reporter: extending tax cuts to americans earning over $250,000 has become the lightning rod for a nasty partisan fight heading into november. republicans aren't wavering. >> republicans are united. no tax accuracies on nobody. >> reporter: even house leader john boehner who suggested sunday he might support the president is backing off. >> would you vote for -- >> want to extend all of the current tax rates -- >> reporter: tuesday's primary appears to have excluded both sides. analysts say tea party wins could backire on republicans. >> seems like it was a sense of voter nullification, like we're not listening to you. we, the
for holding up his tax plan to prop up small businesses and the middle class. nbc's tracie potts joins us live now from capitol hill. good morning. >> good morning. republicans are digging in, not all of his own party members are on board. and all of this less than two months before a key election. how to win a tax fight and an election. first, solidify the base. >> don't forget who is standing with you and who is standing against you. >> reporter: then put pressure on your opponents. >> we simply don't have time any more to play games. >> reporter: extending tax cuts to americans earning over $250,000 has become the lightning rod for a nasty partisan fight heading into november. more than two dozen democrats now disagree with president obama. republicans aren't wavering. >> republicans are united. no tax increases on nobody. >> reporter: even house leader john boehner who suggested sunday he might support the president is now backing off. >> if that is your only option, as you said sunday, would you vote -- >> i want to extend all of the current tax rates -- >> reporter: tuesday's primary app
joins us from washington with the latest. good morning, tracie. >> amara, good morning. what to do about taxes? the senate has confirmed what the house said, that this is not going to happen before you go to the polls in november. senate democrats got together, but could not agree on how to move forward. the issue is whether or not to preserve the bush tax cuts for everyone or just for the middle class and let taxes go up on the wealthy. it is a political hot potato headed into november, not one that the democrats now say they want to touch before you go to the polls. however, what they did back, a small business bill, $30 billion, a new fund to help small businesses get loans. this was mainly a democratic issue. the idea here is that if businesses have more cash, they'll hire people, buy equipment, expand and help pull this economy out of a slump. the gop called it a bailout. their plan is their new pledge to america. a government that's too big is something they say they want to get rid of if they are elected in november. they also want to expand tax cuts and several other measures tha
in june 2009, recovery began 14 months ago. but not for millions of us, the president acknowledged. >> the challenge is that the hole was so deep that a lot of people out there are still hurting. >> reporter: and when a wall street ceo complained -- we have felt like a pinata. maybe you don't feel like you're whacking us with a stick, but we certainly feel we've been getting whack with a stick. >> reporter: the president staged a comeback. >> i think most folks on main street feel like they've been beat up on. >> reporter: and he will not okay tax cuts for anthony caramucci and his friends. >> 86% of that going to people making $1 million or more and lowered the deficit at the same time. i don't have the math. >> reporter: but will he have the votes after november to keep steering the recovery? i'm steve handelsman. nbc news, capitol hill. >>> house republican leaders plan to unveil a roughly 20 point governing agenjengenda fo next congress on thursday amid crucial elections they're hoping will give them control the chamber. the agenda is expected to focus on job, spending, heath c
constituents may be most frustrated by what congress did not get done. nbc's tracie potts has more for us from washington. good morning to you. >> reporter: good morning, they got out without making a decision on the tax cuts. democrats want to extend them for the r for the middle class. republicans want to extend them for everyone. that decision now pushed back until after the election. in the house, 39 democrats side with republicans on that vote to adjourn without dealing with taxes. but there was a flurry of activity several items approved, including a 9/11 victims compensation fund that will be reopened and the government will also pay for health care for ground zero workers. that had been opposed, saying it was another big $7 billion entitlement program. a temporary spending bill was passed. the government's fiscal year ends today. temporary spending bill will allow the government to continue operate for another two months, and some major changes coming to nasa. the space shuttle program and the space station will continue, but the constellation program sending astronauts back to the moo
to help put unemployed americans back to work. nbc's tracie potts joins us from washington with more. good morning to you. >> reporter: lynn, good morning. this is traditionally the day that we celebrate american workers, but today president obama will be telling them to hang on. this afternoon president obama spends labor day with union workers in milwaukee. union leaders say what's traditionally a day of celebration has become a day of frustration for many. >> 11 million people out of work have less to be thankful for than those on wall street that are doing quite well. >> reporter: unemployment creeped up to 9.6% friday, jobs are being created, but not nearly fast enough to employ the millions left jobless in this recession. today and in cleveland wednesday, the president will talk about the slow recovery and urge congress to approve $100 billion in tax breaks for small business. >> that's really what the bottom line is, small businesses are the engine of growth. government doesn't create the jobs. all we do is help train people for those jobs. >> reporter: the unemployment rate could h
november. incomes's tracie potts joins us with the latest. good morning, tracie. >> reporter: good morning. the international is confirming what we heard from nancy pelosi and the house, they will not deal with the tax issue until after november's election, after you go to vote. senate majority leader harry reid say they go sat down with democrats in the senate but couldn't work out an idea of how they would proceed with this in the senate. the idea here is whether or not to preserve the bush tax cuts for everyone or just for the middle class and let taxes go up on the wealthy. it's a political hot potato. not one democrat seems to want to touch this before everyone goez to the polls. they backed a small business bill, now going to the president's desk. $30 billion to set up a new fund for small businesses to get loans so that they can expand, so they can hire people. the gop called this a bailout and they've got a new plan going into november calling it their pledge to america. reduce tax cuts and make them permanent for everyone. >> tracie potts, thank you. >>> once again, the iranian pr
american officials staged 9/11. >> translator: that some segments within the u.s. government orchestrated the attack to reverse the american economy and its gripn the middle east in order to save this regime. >> reporter: u.s. diplomates and others walked out. rudy giuliani, new york's mayor on 9/11, called ahmadinejad insane or giving a great imitation. irn, giuliani said, must get get nuclear weapons. that was china's goal, who is pressuring iran. an arab/israeli peace deal is hoped to be completed next year. >> we can have a new agreement, an independent sovereign state of palestine living in peace with israel. >>> now here's a look at some other stories making news early today in america. >>> in california, workers fom sea world tried asising a sea lion with a spear stuck in its back, but to no avail. officials don't know how the animal got speared, but say if it was done on purpose, it would be a pearl offense. >>> in oregon, a bus driver is out of a job after a passenger got videoof that driv reading an e-book while driving down the highway. he was eventually fired for posing a thre
that was seized by pirates off the coast of somalia is free this morning, after being rescued by the u.s. marines. navy officials say the marines seized control of the vessel and captured the alleged pirates without firing a single shot. no one was hurt, partly because the crew had managed to kill the ship's engines before locking themselves in a panic room-style chamber. >>> a new gallop ranking says the united states is fifth most generous country on earth. >>> the dow opens at 10,015 after gaining, the nasdaq rose 7. in overseas, in tokyo nikkei claimed 140 points, in hong kong the hang scene up 90. >>> with wall street still looking for a momentum of its own, stocks rose thursday, thanks to upbeat data that lifted hopes that the economic recovery may be resuming. early on the s&p 500 touched a one-month high after data showed new claims for unemployment insurance fell to their lowest level in two months last week. trading was also fueled by data showing the u.s. trade deficit narrowed sharply in july, reflecting big gains in sales of u.s.-made airplanes and other manufactured goods while impo
Search Results 0 to 11 of about 12 (some duplicates have been removed)